UAE insurance sector assets reach Dhs164.9 billion, up 6.1%

The UAE's insurance sector demonstrated robust growth in 2025, with total assets climbing to Dhs164.9 billion, marking a 6.1% increase from Dhs155.5 billion in 2024. This expansion was fueled by a notable rise in gross written premiums, which grew by 14.9% to Dhs74.8 billion, and an 11% increase in paid claims, reaching Dhs46.2 billion. Technical provisions also saw a 4.4% rise, totaling Dhs96.3 billion.

Financial performance indicators further highlight the sector's strength. Total profits for insurance companies surged to Dhs4 billion in 2025, a significant jump from Dhs2.6 billion in 2024. The premium retention ratio also improved to 56%, up from 54.9% a year prior. These figures underscore the sector's vital contribution to the national economy and its increasing role in supporting financial and economic stability within the UAE.

Demand for insurance products is visibly expanding across the UAE, with the number of active policies reaching 17.3 million. The mandatory basic health insurance scheme, in particular, has driven a 26.1% increase in health insurance policies. The sector comprises 58 insurance companies and supports 515 insurance-related professions, reflecting a diverse and comprehensive ecosystem. With available capital at 455% of the minimum required level and insurance density around Dhs6,500 per capita, the sector is well-positioned to sustain growth and meet the evolving needs of the economy.